Paytm’s latest punch: Vijay Shekhar Sharma explains why cashbacks make sense
Posted on 13th February 2019 |
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Even as we continue to see immense competition among mobile wallets with each vying for greater market share, Paytm’s Vijay Shekhar Sharma says that cashbacks work to retain customers. According to Vijay Shekhar Sharma, offering cashbacks makes the “customer pull out phone and try the product once.” Notably, Vijay Shekhar Sharma’s response came after UTV Group founder Ronnie Screwvala tweeted that he received a Rs 75 cashback after spending Rs 210 for a ice-cream. “At the airport and paying a single scoop of ice cream for Rs 210. |
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Paytm enters hotel booking business, buys NightStay
Posted on 30th January 2019 |
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NEW DELHI: Paytm has launched hotel bookings on its platform and acquired NightStay, which offers deals on last-minute bookings at luxury hotels, as the Alibaba-backed payments and ecommerce company expands its travel business. Paytm said it plans to invest Rs 500 crore in scaling up its travel operations and has partnered with more than 5,000 hotels across the budget, luxury and business segments. |
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Paytm Mall rejigs team to focus on ‘Offline to Online ’
Posted on 29th January 2019 |
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NEW DELHI & BENGALURU: Paytm Mall, the ecommerce arm of Paytm Group, is undertaking a significant restructuring of its top and mid-level executive teams, amid speculation that the firm plans to focus on catering to its merchant ecosystem through B2B category and on offline-to-online consumer businesses. |
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Paytm Mall Republic Day Sale: Grab cashback on iPhones, up to 80% off on these items; check details
Posted on 22nd January 2019 |
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Paytm Mall on Tuesday announced ‘Republic Day Sale’ which offers exciting discounts and cashback to the buyers. The attractive deals can be availed by the customers until January 26. The customers can buy laptops, sports shoes, smart TVs, headphones, home appliances and others in the sale. Up to Rs 8,000 cashback can be availed on the purchase of iPhones using the offer, the company said in a statement. |
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Paytm Travel eyes top spot in online bus, flight ticket bookings
Posted on 9th January 2019 |
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Paytm Travel, the online travel booking business of payment wallet Paytm, is bracing to overtake Nasdaq-listed MakeMyTrip in online bus and flight ticket bookings in FY20. The company sold 38 million rail, bus and flight tickets in FY18 with threefold growth over FY17 and is aiming to close the current year with sale of over 70 million tickets. |
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You can now sign up for Paytm Payments Bank! RBI gives nod to resume KYC process, add new customers
Posted on 2nd January 2019 |
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The Reserve Bank of India (RBI) has given its approval to Paytm Payments Bank Ltd, which is co-owned by One97 Communications and Vijay Shekhar Sharma, to restart its know your customers (KYC) process as well as open fresh accounts. In June last year, the central bank directed Paytm Payments Bank to stop opening new accounts and e-wallets, after an audit in which the banking regulator observed that the company violated KYC norms. |
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Paytm Money enables ‘UPI Payment’ facility for Mutual Fund Investments
Posted on 13th December 2018 |
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Paytm Money - India's largest online only platform for Mutual Fund investments & the wholly owned subsidiary of One97 Communications Limited which owns the brand Paytm, today announced that its investors can now make mutual fund investments using UPI based payment mode on the app. |
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Paytm Mall offer: Get up to 70% discount, additional cashback on winter wear collection; check details
Posted on 6th December 2018 |
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Paytm Mall is offering on it platform discount of as much as 70 percent along with additional cashback on purchase of winter wear. In its ‘The Mega Winter Store’ offer, Paytm Mall is offering discounts on winter wear, accessories, footwear, groceries, home appliances including heaters, geysers, and more till year end. Even as all the deals are valid till December 31, individual products are subject to stock availability, company said in a release. |
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Now, you can pay LIC premium through Paytm
Posted on 21st November 2018 |
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Digital payments service Paytm has entered into a partnership with Life Insurance Corp (LIC) to help customers make insurance premium payments, One97 Communications Ltd, which owns the Paytm brand, said on Wednesday. The platform now provides online insurance premium payment solutions for over 30 insurance companies including LIC, ICICI Prudential Life, Reliance Life, Max Life Insurance, HDFC Life, TATA AIA, SBI Life, Aditya Birla Sun Life, Canara HSBC Life Insurance, Shri Ram Life and Star Health among others, the company said. |
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Paytm rolls out Social Community Platform exclusively for women
Posted on 15th November 2018 |
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Paytm’s domestic parent company One97 Communications on Thursday introduced a “Social Community Platform” exclusively for women as an interactive social feed, in partnership with an online womens community — “Sheroes”. This is an interactive social feed where women can engage on topics including health, careers, relationships, cooking and hobbies while sharing their life stories, achievements and moments with fellow women, the company said in a statement. |
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